Part I – The anatomy of the bear As I sit to analyze the kind of stocks and sectors one should be buying into at this point of time with a medium term perspective it is important to analyze the anatomy of the bear market. In order to do this I would first go back […]
Read MoreOver the last couple of months I have had a conversation with several people where they have been of the view that the decoupling theory has not worked and how everything has fallen as the US has fallen and the global recession is impacting everyone similarly.I have a different view on this subject. Yes I […]
Read MoreMarkets are up 30% from the bottom what should an investor do plus more These are some of the questions that I face every day. I believe that the answer to all of them is not very simple, however let me try to address them one by one in brief. 1. Industrial production growth is […]
Read MoreThere have been false and malicious rumours on my involvement in the investment by JM Group entities in projects related to Maytas Properties. I have been given to understand that these are being floated by a group of people. Although i am aware who these people are i would not like to comment on their […]
Read MoreA number of investors and distributors have been calling me up over the last few days asking whether we should sell out all of our holdings of mid caps and get into large caps as only large caps are moving up in the market rally and mid caps are hardly moving and have moved up […]
Read MoreOver the last few months most market commentators have been focused on the fact that there is going to be a new low made in the Indian markets and that the markets have not bottomed out yet. I remember going to the investors conference of a very large foreign brokerage with an Indian partner in […]
Read MoreA number of people have been asking me throughout the year 2008 and even now when i have left JM Financial Mutual Fund as to what made me invest the cash that i had generated right from October 2007 and kept till January 2008.I think the simple and straightforward answer to that is that – […]
Read MoreAlthough i hate to go back into the year 2007 in order to explain market behaviour as it exists today, i think it is inevitable as both scenario’s are full of excesses. In 2007 the excesses were on the upside and today they are on the downside. The last quarter of 2007 was a period […]
Read MoreI had written this article a few weeks back, things have changed somewhat since then but i have updated the same and am publishing my views on the issue. I had decided not to publish given the strong response to the revamped TARP and TALF, however given the fact that TALF has been a big […]
Read MoreI still remember the time around 8-9 months back in May – June 2008 when we were seeing an unbridled rise in commodity prices and the US dollar was continuously falling in value. The expert opinion at that point of time was that the collapse of the US Dollar was imminent and the Dollar might […]
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